Features

Economic Snapshot: Huge gains in consumer confidence, private sector employment

Both consumer confidence and private sector employment saw large increases this month. However, the manufacturing industry continues to be a weak point for private sector employment. Consumer confidence Consumer confidence, which had declined in October, jumped in November from 100.8 to 107.1. The Present Situation Index increased from 123.1 to 130.3 and the Expectations Index rose fro, 86.0 to 91.7. ...

Read More »

Weekly 5: EPA increases ethanol requirement for 2017

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. EPA increases ethanol requirement for 2017 The Environmental Protection Agency has increased the amount of renewable fuels that will be required in the nation's fuel supply in 2017, ...

Read More »

Bayliner celebrating 60th anniversary in 2017

Bayliner is recognizing 60 years of Bayliner boats heading into 2017. The roots of the Bayliner brand started when J. Erin Odson started Advance Outboard Marine in a Seattle parking lot in 1955. In 1957, he sold his first Bayliner boat. From the beginning, Bayliner has focused on affordability and quality, says current Bayliner Brand Manager Mike Yobe. "Look at ...

Read More »

Boat sales up in October, but growth slows

Boat sales have increased over the last 12 months, but the rate of growth slowed for the fourth month in a row in October, according to the latest Info-Link Bellwether report. According to Info-Link, the Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed ...

Read More »

METS 2016 wraps up with new attendance record

The 2016 edition of METS has seen record after record smashed, and that explosive pace continued through the final day as the show wrapped up Thursday afternoon in Amsterdam, Netherlands with a final attendance of 23,702 visits – an 8 percent increase over the previous record of 21,953 set last year. Wednesday’s attendance was announced at 9,844 visitors, a gain ...

Read More »

Economic Snapshot: A steady housing market

Builder confidence has remained steady this month, while housing starts are up over 20 percent from last month and the previous year. Housing Market Index Builder confidence held steady at a level of 63 in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “With most of our members responding before the November elections, confidence ...

Read More »

METS 2016: Strong attendance driving business

The METS show team is all smiles this year, as records continue to fall at the world’s largest marine equipment trade show. Opening day attendance was announced as 8,133 people, setting a new opening day record and representing a significant climb over the 7,390 visitors who set the previous opening day attendance record last year. Rens-Jan van Vliet, product manager ...

Read More »

METS 2016 opens to crowded halls

The 29th annual Marine Equipment Trade Show opened Tuesday at the Amsterdam RAI to crowded halls and a record number of exhibitors. Show visitors were still pouring through the entry doors long after the doors opened to kick off the 29th edition of the world’s largest marine trade show. The USA Pavilion at this year’s METS is the largest ever, with ...

Read More »

Weekly 5: Industry scrutinizes Trump position on ethanol

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. Industry scrutinizes Trump position on ethanol With a Republican administration under President-elect Donald Trump coming to Washington, the boating industry is looking to see how it handles ethanol ...

Read More »

METS 2016 set for record year

In spite of cool temperatures and light rain, the mood in Amsterdam, Netherlands was decidedly upbeat Monday as more than 22,000 marine industry representatives arrived in town and set up for Tuesday’s official opening of the 2016 METS. Although the final attendance figure remains to be seen, the 29th edition of the world’s largest marine equipment trade show has already set ...

Read More »